January 4, 2017
Dreien Opportunity Partners, which acquired the 1.8 million-square-foot J.C. Penney headquarters campus in Plano, hired Colliers International Group Inc. to lease the space resulting from the retailer’s consolidation. The new owner renamed the property Campus at Legacy West, with plans for a redesign, courtesy of HKS. John Conger and David Quisenberry will lead the Colliers team in leasing office space.
Dreien acquired the campus, and surrounding 45 acres, in a sale-leaseback transaction with J.C. Penney. John Alvarado, Russell Ingrum, Gary Carr, Eric Mackey and Robert Hill with CBRE’s Investment Property teams, as well as Jeff Elleman, Chelby Sanders and Josh White with CBRE’s Advisory & Transaction Services, represented the seller.
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Tags: Broker, Featured Company: Colliers International, Lease